GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF India Ltd (BOM:500472) » Definitions » E10

SKF India (BOM:500472) E10 : ₹86.29 (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is SKF India E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

SKF India's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹22.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹86.29 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SKF India's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of SKF India was 7.40% per year. The lowest was 7.40% per year. And the median was 7.40% per year.

As of today (2025-03-26), SKF India's current stock price is ₹3827.60. SKF India's E10 for the quarter that ended in Dec. 2024 was ₹86.29. SKF India's Shiller PE Ratio of today is 44.36.

During the past 13 years, the highest Shiller PE Ratio of SKF India was 85.14. The lowest was 19.08. And the median was 57.46.


SKF India E10 Historical Data

The historical data trend for SKF India's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SKF India E10 Chart

SKF India Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 65.59 63.47 72.44 81.37

SKF India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.28 81.37 84.32 85.72 86.29

Competitive Comparison of SKF India's E10

For the Tools & Accessories subindustry, SKF India's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SKF India's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SKF India's Shiller PE Ratio falls into.



SKF India E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, SKF India's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=22.1/158.3229*158.3229
=22.100

Current CPI (Dec. 2024) = 158.3229.

SKF India Quarterly Data

per share eps CPI Adj_EPS
201412 7.800 96.780 12.760
201503 9.700 97.163 15.806
201506 8.800 99.841 13.955
201509 9.500 101.753 14.782
201512 10.700 102.901 16.463
201606 11.500 105.961 17.183
201609 11.400 105.961 17.033
201612 12.400 105.196 18.662
201703 11.000 105.196 16.555
201706 12.200 107.109 18.033
201709 14.400 109.021 20.912
201712 16.800 109.404 24.312
201803 13.900 109.786 20.045
201806 15.700 111.317 22.330
201809 16.400 115.142 22.550
201812 17.200 115.142 23.650
201903 16.300 118.202 21.833
201906 15.800 120.880 20.694
201909 17.100 123.175 21.979
201912 10.400 126.235 13.044
202003 15.300 124.705 19.425
202006 -0.100 127.000 -0.125
202009 13.200 130.118 16.061
202012 25.900 130.889 31.329
202103 21.200 131.771 25.472
202106 16.000 134.084 18.892
202109 23.800 135.847 27.738
202112 17.900 138.161 20.512
202203 22.200 138.822 25.319
202206 26.100 142.347 29.029
202209 31.500 144.661 34.475
202212 23.600 145.763 25.634
202303 25.000 146.865 26.950
202306 31.200 150.280 32.870
202309 18.200 151.492 19.021
202312 26.700 152.924 27.643
202403 35.400 153.035 36.623
202406 32.100 155.789 32.622
202409 19.100 157.882 19.153
202412 22.100 158.323 22.100

Add all the adjusted EPS together and divide 10 will get our e10.


SKF India  (BOM:500472) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

SKF India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3827.60/86.29
=44.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of SKF India was 85.14. The lowest was 19.08. And the median was 57.46.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


SKF India E10 Related Terms

Thank you for viewing the detailed overview of SKF India's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


SKF India Business Description

Traded in Other Exchanges
Address
Chinchwad, Pune, MH, IND, 411033
SKF India Ltd is an India-based company that manufactures and distributes bearing products and other related products. The company's products and services include bearings, hydraulic and mechanical tools for mounting and dismounting, alignment tools, seals, lubrication systems, and services such as technical support, maintenance, and condition monitoring. it operates in a single segment which is Bearings. The company's products and technologies are used by original equipment makers and aftermarket customers across the world. SKF India generates a majority of its revenue from the Indian domestic market.

SKF India Headlines

No Headlines